California taxes

alaskaflyer

Final Approach
Joined
Feb 18, 2006
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Smith Valley, Nevada
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Alaskaflyer
Can any of you California folks clue me in on the typical tax liabilities of bringing my plane into the state as a new resident? By then it will have been purchased over a year ago. Currently registered in the FAA database to an Alaskan address, and there are no state aviation taxes (except for fuel of course) in AK :yes:
 
Richard,

I don't believe you will be punished with our 8.25-8.75% sales tax having owned it out of state for a year. I believe the cutoff is over 6 months.

The personal property tax is about 1% year varies by county.

I'm not a tax attorney so take it for what it's worth. I do own half an airplane.

Joe
 
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